02.11.2016 - Is wheat undervalued on the futures market?: Braun
Given the world's ever-expanding inventories of wheat and corn, it seems hard to argue for higher prices for either one. Although the currently low wheat-to-corn price differential is particularly favorable for the use of feed wheat worldwide, support for Chicago wheat futures may lie within the fundamentals. Since Aug. 31, December wheat futures have tacked on 6 percent and December corn is up about 13 percent. But should the wheat contract be the one with the bigger gains?.........................................Full Article: Source
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